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Discover global trends, inspiring customer stories, and how to make the most of your international money transfers.

When to Pay Vendors in a Foreign Currency vs US Dollars
Should I pay in local currency or USD? That’s the million-dollar question. For the million-dollar an
Tips to paying suppliers in USD
Paying suppliers in USD: Here's how to leverage the most widely accepted currency in the world to im
What are the benefits of having a Golden Visa?
Investing in different countries can be challenging. But A Golden Visa is your shortcut to unlockin
Explained: What is an IBAN code?
The International Bank Account Number (IBAN) serves as both a bank identifier and account number. Th
Explained: What is a SWIFT code?
A SWIFT code is an international bank identifier used to identify banks and financial institutions g
Busted: 7 myths about international money transfers
Sending money overseas doesn’t have to be complicated, confusing, or expensive. It’s time to debunk
How to target an exchange rate for international transfers?
Unsure about how to target the ideal exchange rate for your next international money transfer? Look
ACH Transfers vs SWIFT Payments: What's the Difference?
ACH transfers are initiated via a financial institution. When you initiate a transfer, it joins a qu
How to Minimize Currency Exchange Risk when Paying Overseas Suppliers
Foreign currency risk is part and parcel of making overseas payments. Yet, this shouldn’t faze you o
Benefits of Paying your Overseas Suppliers in their Local Currency
The good news is that making payments in foreign currency can be as efficient and cost-effective as

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FAQs

Individuals and businesses who need to send money in foreign currency internationally can use MTFX’s services. The beneficiary of the transfer must have a bank account for the funds to be paid into. Personal clients usually use our services to transfer money between their own accounts in two different countries. Business clients usually use our services to transfer funds to suppliers, fund international operations, or repatriate overseas earnings.
MTFX offers currency exchange rates that are 2-5% better than those offered by the banks. Personal clients usually save hundreds of dollars per transfer and for larger transfers, the savings can run into the thousands. We also offer excellent customer service, dedicated currency specialists, and a 24/7 online platform with best-in-class technology that allows you to complete transfers from any device virtually anywhere in the world. Business customers save with better currency exchange rates and proven solutions geared towards managing and mitigating foreign exchange risk. Our solutions include forward contracts, market orders, rate alert services, and much more - all backed by great technology and great people.
Funds can be transferred via wire transfer, Electronic Funds Transfer (EFT), or ACH payment services. MTFX maintains bank accounts in all major currencies with highly-rated banks. Our banking infrastructure ensures that you can transfer funds to us quickly and securely.
Our global network of banking partners allows us to get funds to virtually anywhere in the world quickly and efficiently. Most wire transfers from MTFX will be received by your beneficiary within 24-48 hours. MTFX also offers same-day transfers that are almost instantaneous, as well as low-cost in-country payment services for your less urgent transfers. For further information please speak to one of our currency specialists.